Superannuation Not Rounding Off to the Extent of Quarterly Cap
Last updated on JULY 28, 2017
Applies to:Oracle HRMS (Australia) - Version 12.1.3 and later
Information in this document applies to any platform.
Superannuation is not getting calculated consistently to the extent of the cap amount. At times it is calculating 0.05 cents less than the full cap amount for the quarter.
STEPS TO REPRODUCE
The issue can be reproduced at will with the following steps:
1. Run payroll/ quickpay for all the periods in a quarter till the earnings reach the quarterly cap of 51620.00
2. Check the Superannuation calculation
3. Superannuation is found to be 0.05 less than the expected amount
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